Tag: TCS

Market Capitalisation of nine of top-10 most valued firms jumps ₹2.89 lakh crore; Reliance biggest winner

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The BSE Sensex recorded the best monthly gain in June by climbing 7.14%. The Sensex breached the historic 79,000 mark on June 27. | Photo Credit: Reuters Nine of the top-10 most valued firms together added ₹2,89,699.42 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in line with a…

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Business

Tata Sons Plans To Offload 23.4 Million Shares In TCS To Raise $1.1 Billion

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Tata Sons holds a 72.4% stake in TCS as of December 31. India’s Tata Sons, the holding arm of Tata Group, plans to sell shares in Tata Consultancy Services (TCS) worth up to 93.62 billion rupees ($1.13 billion) on Tuesday, a term sheet showed. Tata Sons plans to offload 23.4 million shares in the country’s…

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Nation

TCS Fires 16 Employees, Bars Six Vendors In Connection With “Recruitment Scam”

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Reports of a “recruitment scam” at TCS surfaced in June (Representational) Mumbai: India’s largest IT services company TCS on Sunday said it has fired 16 employees and barred six vendors in connection with a “recruitment scam”. “Our investigation found 19 employees to be involved… 16 employees have been separated from the company for code of…

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